German FAZ: Crash in the battery market007117

It wasn’t long ago that the auto industry announced one battery cell factory after the next. Now the rejections are piling up. The Chinese manufacturer Svolt is stopping the construction of a battery factory in Brandenburg. Mercedes and the European-American car company Stellantis are halting their project in Kaiserslautern, which they wanted to develop together with the energy company Totalenergies from France. The construction of a plant in Termoli, Italy, is uncertain. The sports car manufacturer Porsche is also having a hard time with the decision to set up a large factory for high-performance cells.
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